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Strategies & Market Trends : Biotechnology Cancer Cures

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To: Mike McFarland who wrote (66)6/16/1999 5:50:00 AM
From: Mike McFarland  Read Replies (1) of 226
 
Yes, I guess Sugen was an outright buy...
that will make a few folks happy, and this
will help to get a few things moving...

The Munch Thread--where some cold beers will
be finally be served with the salty snacks today
Subject 24574

Spent a nice day with my Dad yesterday, clamming
and crabbing in one of the many retirement havens
here in Puget Sound--over by Hood Canal. A nice little
boom is going on over there, plenty of protected
marinas and some nice lots with views of the water
and golfing nearby...but that's another story.

I was reminded yesterday that at a minus low tide,
you can sometimes see that piers are rotted out--eaten
out by the worms well below the water line. It's tricky
navigating at low tide, but you can learn something, see
where the hazards are etc. And you can be sure you tie up
at the right spot--then when the flood comes in, you'll
be in great shape.

Well, things have been awfully slack here at low
tide for the biotechs, especially the small early
stage companies. I sure hope plenty of tasty
morsels will sweep into the bay now that the tide
is coming in.

Of course I may have to pull a trap or two today
however, and change the bait real quick.
Or I may just sleep through the trading session--sure
is hard to get back in a dayshift rhythm.

--Capn' Midnight.
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